Clearwater advises the family of Vandenbroucke on the sale of Flandria Aluminium to Exlabesa

We have advised the family of Vandenbroucke on the sale of Flandria Aluminium (Flandria), a family-owned group active in the extrusion, machining, surface treatment and recycling of aluminium profiles, to Exlabesa.
 
Founded in 1968 and headquartered in Warneton, Northern France, Flandria is a family-owned group active in the extrusion, machining, surface treatment, and recycling of aluminium profiles, employing 170 people. Flandria’s manufacturing process is fully integrated from profile design to manufacturing to scrap recycling. The group serves French, Belgian, and Polish customers within the building, industry, and transport end markets.
 
Flandria mainly produces small to medium-sized orders of profiles typically measuring 6.5 meters. The group operates through c.35,000sqm facilities equipped with two presses of  8” and  9” and a foundry.
 
Exlabesa is a family-owned Spanish group dedicated to the production of high-value aluminium profiles with an annual production capacity of 160,000 tons, employing 1,800 people. Operating across three continents through nine production centres strategically located in Spain, Germany, Portugal, Poland, Morocco, the UK and the US, Exlabesa serves nearly 15,000 customers in 40 countries.
 
This acquisition will allow Exlabesa to expand its European footprint, bringing a direct presence in the French and Benelux markets.